Which of the following statements is true?

Question

Quizplus · Accepted Answer

Research and development are key drivers of innovation, which in turn drives economic growth and higher standards of living. Therefore, countries with higher investment in research and development are more likely to have higher standards of living. Option A is incorrect because lower investment in research and development would suggest less innovation and economic growth, which could lead to a lower standard of living. Option C is incorrect because the Industrial Revolution began in Europe, not the United States. Option D is incorrect because the Industrial Revolution did not start in South America.

Which of the Following Statements Is True